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Monday, October 23, 2017

This article originally appeard on The Conversation. Back in 1992, Democratic strategist James Carville uttered his famous recommendation Bill Clinton ahead of the 1992 election: “It’s the economy, stupid!” Political scientists beat Carville to the punch, though: As far back as the 1950’s, scholars were uncovering evidence that presidential candidates of the incumbent party tend to…

Photo: Men walk past an electronic board showing market indices outside a brokerage in Tokyo, Japan,  March 2, 2016.   REUTERS/Thomas Peter